NOT LISTED FOR SALE

347 E 40th St Unit 353 Paterson, NJ 07504

Eastside Neighborhood

Estimated Value: $491,000 - $560,808

3 Beds
3 Baths
2,000 Sq Ft
$261/Sq Ft Est. Value

Last Sold November 17, 2022

Last sale price $230,000 $115 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $3,853/month

18 Days on Market

Highlights

  • 0.23 Acre Lot
  • Wood Flooring
  • Den
  • Recreation Room
  • Tudor Architecture
  • Beamed Ceilings

About This Home

As of November 2022

Large Single family with loads of original detail and character. Wine cellar in basement, beamed ceilings, hardwood floors throughout, sunken den off living room, formal dining room and eat in kitchen. Very close to major highway.

Last Agent to Sell the Property

Alycia Cohen

DANIELS REALTY GROUP Brokerage Phone: 201-892-2600 Listed on: 05/23/2022

Last Buyer's Agent

Alycia Cohen

DANIELS REALTY GROUP Brokerage Phone: 201-892-2600 Listed on: 05/23/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,504

Year Built

  • Built in 1940

Lot Details

  • 10,019

Parking

  • 2 Car Detached Garage
  • Inside Entrance

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • Beamed Ceilings
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Utility Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 3 Full Bathrooms

Additional Features

  • Storage Shed
  • 10,019 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 2508-08005-0000-00015-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,504

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Style: Tudor
  • Primary Style: Tudor
  • Subproperty Type: Single Family
  • Year Built: 1940
  • Year Built Description: Approximate
  • County Name: Passaic
  • Exclusions: all personal items of the sellers
  • Street Number Display: 347
  • Directions: Mclean Blvd to E. 40th Street.
  • I D: 5152906
  • Modified: 2023-11-18
  • Number Images: 10
  • First Name: ALYCIA
  • First Name3: ALYCIA
  • Last Name: COHEN
  • Last Name3: COHEN
  • Attribution Contact: 201-892-2600
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Interior Amenities: Beam Ceilings
  • Number Rooms: 12
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, Rec Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Screened Patio/Porch
  • Level 1 Rooms: Bath(s) Other, Den, Dining Room, Family Room, InsdEntr, Kitchen, Living Room, Screened
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Estimated Sq Ft: 2000
  • Phone: 732-455-8487

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Storage Shed
  • Roof Description: Slate

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 3
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 100X100
  • Assessed Improvement Value: 137100
  • Assessed Land Value: 114500
  • Assessment: 251600
  • Lot Identifier: 15
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.23

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10504
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2508-08005-0000-00015-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.476
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Nov 17, 2022
Sold by
Esa Ruby
Bought by
347 Paterson Realty Corp
Seller's Agent
Alycia Cohen
DANIELS REALTY GROUP
Buyer's Agent
Alycia Cohen
DANIELS REALTY GROUP
List Price
$400,000
Sold Price
$230,000
Premium/Discount to List
-$170,000
-42.5%
Views
20
Current Estimated Value
$522,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,702
Avg. Annual Appreciation
33.93%
Original Mortgage
$260,000
Outstanding Balance
$252,198
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$270,504
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
347 Paterson Realty Corp $230,000 Clear Skies Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 347 Paterson Realty Corp $260,000
Previous Owner Esa Emil $242,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2022 11/17/22 Sold $230,000 -42.5% $115 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $400,000 -- $200 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,819 $251,600 $114,500 $137,100
2024 $12,336 $251,600 $114,500 $137,100
2023 $11,679 $251,600 $114,500 $137,100
2022 $11,679 $251,600 $114,500 $137,100
2021 $11,262 $251,600 $114,500 $137,100
2020 $10,504 $251,600 $114,500 $137,100
2019 $10,145 $245,400 $111,500 $133,900
2018 $10,478 $242,200 $110,500 $131,700
2017 $10,013 $240,700 $110,000 $130,700
2016 $10,982 $253,100 $115,000 $138,100
2015 $10,397 $253,100 $115,000 $138,100
2014 $12,093 $417,000 $212,500 $204,500
Source: Public Records

Agents Affiliated with this Home

  • Alycia Cohen

    Seller's Agent in 2022

    Alycia Cohen

    DANIELS REALTY GROUP

    (201) 892-2600

    1 in this area

    5 Total Sales

    Alycia Cohen
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3784196

Garden State MLS

APN: 08-08005-0000-00015

New Jersey Passaic County Paterson 07504 Eastside

347 E 40th St Unit 353, Paterson, NJ

This home is located at 347 E 40th St Unit 353, Paterson, NJ 07504 since 23 May 2022 and is currently estimated at $522,702, approximately $261 per square foot. This property was built in 1940. 347 E 40th St Unit 353 is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson School 6.

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